Morgan Stanley (MS) Holdings Lessened by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lessened its stake in shares of Morgan Stanley (NYSE:MS) by 1.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,215,207 shares of the financial services provider’s stock after selling 27,688 shares during the period. Asset Management One Co. Ltd. owned about 0.12% of Morgan Stanley worth $106,704,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MS. Klingenstein Fields & Co. LLC raised its stake in shares of Morgan Stanley by 0.4% during the second quarter. Klingenstein Fields & Co. LLC now owns 26,300 shares of the financial services provider’s stock valued at $1,172,000 after acquiring an additional 100 shares in the last quarter. Pillar Pacific Capital Management LLC raised its stake in shares of Morgan Stanley by 0.8% during the second quarter. Pillar Pacific Capital Management LLC now owns 126,683 shares of the financial services provider’s stock valued at $5,644,000 after acquiring an additional 945 shares in the last quarter. Rothschild Asset Management Inc. raised its stake in shares of Morgan Stanley by 1.4% during the second quarter. Rothschild Asset Management Inc. now owns 637,422 shares of the financial services provider’s stock valued at $28,403,000 after acquiring an additional 9,037 shares in the last quarter. CIBC Asset Management Inc raised its stake in shares of Morgan Stanley by 7.2% during the second quarter. CIBC Asset Management Inc now owns 164,009 shares of the financial services provider’s stock valued at $7,308,000 after acquiring an additional 11,045 shares in the last quarter. Finally, Lourd Capital LLC raised its stake in shares of Morgan Stanley by 6.8% during the second quarter. Lourd Capital LLC now owns 10,071 shares of the financial services provider’s stock valued at $449,000 after acquiring an additional 638 shares in the last quarter. 85.60% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages recently commented on MS. J P Morgan Chase & Co reissued a “buy” rating on shares of Morgan Stanley in a research note on Monday, November 20th. Zacks Investment Research downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. Barclays boosted their price objective on shares of Morgan Stanley from $48.00 to $52.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 18th. Buckingham Research boosted their price objective on shares of Morgan Stanley from $54.00 to $57.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Finally, BMO Capital Markets reissued a “top pick” rating and issued a $69.00 price objective on shares of Morgan Stanley in a research note on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $50.39.

Morgan Stanley (NYSE:MS) traded down $0.67 during midday trading on Wednesday, reaching $52.01. 7,959,500 shares of the company’s stock traded hands, compared to its average volume of 9,401,131. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.68. Morgan Stanley has a fifty-two week low of $40.06 and a fifty-two week high of $53.37. The stock has a market capitalization of $95,240.13, a price-to-earnings ratio of 14.59, a P/E/G ratio of 1.21 and a beta of 1.64.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.12. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The business had revenue of $9.20 billion for the quarter, compared to analyst estimates of $9.05 billion. During the same period in the previous year, the company earned $0.80 earnings per share. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. analysts forecast that Morgan Stanley will post 3.57 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend was Monday, October 30th. Morgan Stanley’s dividend payout ratio is currently 27.70%.

In other news, insider Keishi Hotsuki sold 25,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total transaction of $1,250,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey S. Brodsky sold 16,397 shares of the business’s stock in a transaction on Wednesday, October 18th. The shares were sold at an average price of $50.07, for a total transaction of $820,997.79. Following the sale, the insider now directly owns 111,776 shares in the company, valued at $5,596,624.32. The disclosure for this sale can be found here. Insiders sold 85,247 shares of company stock worth $4,284,364 over the last ninety days. Corporate insiders own 0.24% of the company’s stock.

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Morgan Stanley Profile

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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